Updated over 5 years ago on . Most recent reply
Trenton investment- Mill Hill section
Hey everyone,
I've been a follower of Bigger pockets for years now...but this is my first time actually posting so please bear with me! I recently started working right outside of Trenton and so rather than go the renting route, I decided to take my chances and jump into becoming a landlord. I found a property in the Mill Hill section of town which seems to be one of the better parts of Trenton. This unit is legally a 3 unit house, but it was built pre 1900's and does appear to require a good amount of maintenance work. I was wondering what your thoughts were here on buying houses that are this old...the asking price of the house is around 185k or so...and so the numbers do add up quite nicely but I feel like the age of the house should be a major concern. Anyone else on here invested in the area or have any thoughts!